Rumor: Another multi-billion dollar technical move appears to be in the works. It is reported that after Nvidia's $40 billion acquisition of ARM, Intel is in talks to buy semiconductor maker GlobalFoundries for $30 billion.
TrendForce GlobalFoundries, which has several factories in the United States, was ranked as the world's fourth largest semiconductor manufacturer with 7% of the total casting business by revenue. The company recently announced a $4 billion investment to significantly expand the capacity of its existing chip plant in Singapore. Rather than adopting a "smaller is better" philosophy, the company is focusing on adding new capabilities and features to chips made with larger transistor sizes (12 nanometers or more). Intel's realization will torment. If no agreement is reached, the IPO could take place later this year. "We will refrain from commenting on rumors and speculation," an Intel spokesperson said when asked about the deal of the year. p>
Intel is said to be in talks to buy semiconductor giant GlobalFoundries for $30 billion